614 



READINGS IN RURAL ECONOMICS 



The amount of capital must also be considered in determining 

 the amount of animal products to sell. Table 23 shows that the 



TABLE 23. RELATION OF CAPITAL TO CASH CROPS. 578 FARMS, 

 LIVINGSTON COUNTY, NEW YORK 



farmers with small capital are selling more crops, and that as 

 the capital increases, the sales of animal products become more 

 important. 



In each capital group there are farmers who are trying all de- 

 grees of live-stock and crop farming. Table 24 shows that with 



TABLE 24. RELATION OF CAPITAL AND CASH CROPS TO PROFITS. 

 578 FARMS, LIVINGSTON COUNTY, NEW YORK 



Per Cent of Receipts from Crops 



20 or less 

 21-40 

 41-70 . 

 71-90 . 

 Over 90 . 



small capital those who depend largely on cash crops make the 

 most, while with larger capital those who derive only 21 to 

 40 per cent of their income from crops are doing best. This is 

 what one would expect. Live-stock represents added capital after 

 one has bought and equipped his farm. If one is short of money, 

 the absolutely essential things are land, machinery, and horses. 



